The global bond market is about $100 trillion. Commercial Real Estate is worth about $32 trillion and Agricultural Real Estate about $27 trillion. Total residential Real Estate is about $170 trillion at the end of 2019. If we have to put a number of that we reach about $230 trillion. The total world equity market at the end of 2019 was nearly $90 trillion. The global cryptocurrency market cap is currently over $2 trillion. The global nft market cap is approaching $1 trillion. Therefore, if we add up this Capital Formation, (the combination of real estate, equities, bonds, crypto, nfts) this number works out to be about $422 trillion. Digitization of all asset classes is well underway. 


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